Directors can sometimes struggle to keep their business afloat through tough times and keeping up with tax responsibilities can be even more challenging. If you are finding that your company is finding it difficult to keep up with their tax payments you will find some useful information in this HMRC hub. Please feel free to contact us at your earliest convenience for a free confidential meeting on your situation.
Advice on Specific HMRC Tax Issues
HMRC Debt Advice and Help with Tax Arrears
HMRC Time to Pay Arrangement: What Happens if you Can't pay Your Tax Bill?
Consequences of Missing an HMRC Bill Payment
Dealing with HMRC Debt Collectors
HMRC Threatening Letters
HMRC Debt Collection Agencies
Directors' Redundancy Payments from HMRC – What to Expect
Does an HMRC Notice of Requirement affect a Company's Operations?
HMRC Objection to Striking Off a Company
Can't Pay VAT?
If you or your company are unable to pay your VAT debt then it is important that you recognise that HM Revenue & Customs (HMRC) will not allow this position to continue indefinitely. Various surcharges and penalties for late payment will accrue which will be increasing your business costs at a time when you will want to reduce outgoing costs.
Consequences of Missing a VAT Return Payment
Dates and Deadlines
What are VAT Payment Plans?
Making VAT Payments to HMRC: What to do and When to do it
What Interest Percentages apply for Late VAT or PAYE Payments?
HMRC PAYE Arrears
If you are a business owner facing financial pressure and are having trouble paying HMRC, you may have accumulated arrears of tax in relation to Pay as You Earn (PAYE) and National Insurance Contributions (NIC). HMRC have a strict process and various powers in dealing with late payment and are able to quickly identify late payers.